1221 Lindley Avenue 00 Philadelphia, PA 19141
Listing Courtesy of: BRIGHT IDX / Listed By: Christian Washington, Coldwell Banker Hearthside

  1221 Lindley Avenue 00 Philadelphia, PA 19141

Active (1 Days)
$309,900 (USD)

Description

FULLY OCCUPIED TRIPLEX | 9.9% CAP RATE | $2,900/MO INCOME | $309,900Attention Investors: Turnkey, Fully Occupied Income Property!1221 Lindley Street is a fully renovated, 100% occupied triplex generating $2,900/month ($34,800/year) in gross rental income. With 2025 NOI of $30,555.36, this stabilized asset delivers an impressive 9.9% cap rate at the $309,900 asking price.A major advantage for the next owner: all units are separately metered for gas and electric, with those utilities paid directly by the tenants. The property also features a landlord-paid master water meter and a coin-operated washer and dryer in the basement, providing an additional income stream.Unit Breakdown:Unit 1: 2 beds, 1 bath — $1,050/monthUnit 2: 1 bed, 1 bath — $1,025/monthUnit 3: 1 bed, 1 bath — $825/monthWith renovations complete and tenants already in place, the next owner can acquire a stabilized, cash-flowing multifamily property without a major upfront renovation or initial lease-up.Offered at $309,900. Schedule your private showing today.

MLS #:
PAPH2671662
Taxes
$4,463(2026)
Lot Size
3,890 SQFT
Type
Multifamily
Year Built
1935
Style
Other
School District
The School District of Philadelphia
County
Philadelphia County

Listed By

Christian Washington, Coldwell Banker Hearthside
Source
BRIGHT IDX
Last checked Sep 17 2026 at 2:48 PM EDT
Bathroom Details
Subdivision
  • Logan
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Permanent
Heating and Cooling
  • 90% Forced Air
  • None
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Living Area
  • 2,188 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/17/26 07:48